EQUIPMENT REGISTRATION. Grantee shall file the Form UCC-1, Uniform Commercial Code Financing Statement with the DOS in order to register OVR’s interest in grant-purchased equipment. Grantee (“Debtor” as identified in the UCC-1 filing) shall pay all filing fees required by the Commonwealth of Pennsylvania (“Commonwealth”) and the Contractor shall furnish OVR with proof that OVR’s security interest has been registered in an effective and timely manner. Filing fees may not be paid with grant funds. Grantee will obtain copies of form UCC-1 Financing Statement from the DOS. The UCC-1 Financing Statement and instructions are available online at xxxx://xxx.xxx.xxxxx.xx.xx/corps/cwp/view.asp?a=1093&Q=431210&corpsNav, or through the DOS voice mail system by calling (000) 000-0000. Information concerning filing fees is available online at http://xxx.xxx.xxxxx.xx.xx/corps/cwp/view.asp?a=1093&Q=431161&corpsNav=| or by telephone at (000) 000-0000.
EQUIPMENT REGISTRATION. The Grantee shall file the Form UCC-1, Uniform Commercial Code Financing Statement with the PA Department of State in order to register OVR’s interest in grant-purchased equipment. The Grantee (Debtor, as identified in the UCC-1 filing), shall pay all filing fees required by the Commonwealth of PA and the Contractor shall furnish OVR with proof that OVR’s security interest has been registered in an effective and timely manner. Filing fees may not be paid with grant funds. The Grantee will obtain copies of form UCC-1 Financing Statement from the PA Department of State. The UCC-1 Financing Statement and instructions are available online at xxxx://xxx.xxx.xxxxx.xx.xx/corps/cwp/view.asp?a=1093&Q =431210&corpsNav, or through the PA Department of State voice mail system by calling (000) 000-0000. Information concerning filing fees is available online at xxxx://xxx.xxx.xxxxx.xx.xx/corps/cwp/view.asp?a=1093&Q=431161&corpsNa v=| or by telephone at (000) 000-0000.
EQUIPMENT REGISTRATION requested for its use in administering this project is not already on hand and is required for the operation of the Project. All purchases (including, but not limited to, equipment) made by the Contractor with a cost of ten thousand dollars ($10,000) or more per individual item shall be competitively bid. The Contractor shall request written bids from at least three (3) vendors, which include a description of the equipment and price quote. The lowest responsible bid shall be accepted. If a competitive bid is not possible, the Contractor shall provide OVR with a written explanation of the circumstances that preclude a competitive bid and request sole source approval for the proposed purchase. Written OVR approval of the sole source justification must pre-date expenditure of project funds. OVR shall hold first lien on all equipment, with a cost of $10,000 or more per individual item, purchased with project funds for a period of seven (7) years. The value of OVR’s lien, as registered with the PA Department of State, will equal the portion of the equipment purchase price financed with project funds. The Contractor will file OVR’s lien with the PA Department of State using the Financing Statement, Uniform Commercial Code UCC-1. Ownership of such equipment will revert to OVR if the terms of this Contract are violated, or if the project has terminated while OVR holds the aforementioned lien. Equipment purchased with project funds may not be used as collateral in any transactions while OVR holds a lien against such equipment. The Contractor shall file the Form UCC-1, Uniform Commercial Code Financing Statement with the PA Department of State in order to register OVR’s interest in project-purchased equipment. The Contractor (Debtor, as identified in the UCC- 1 filing), shall pay all filing fees required by the Commonwealth of PA and the Contractor shall furnish OVR with proof that OVR’s security interest has been registered in an effective and timely manner. Filing fees may not be paid with project funds. The Contractor will obtain copies of form UCC-1 Financing Statement from the PA Department of State. The UCC-1 Financing Statement and instructions are available online at xxxx://xxx.xxx.xxxxx.xx.xx/portal/xxxxxx.xx/community/corp orations/12457/forms/571880 through the PA Department of State voice mail system by calling (000) 000-0000.
EQUIPMENT REGISTRATION. Seller shall not renew the licenses or registrations of, or purchase new license plates for, any of the Leased Tractors, Tractors, Trailers, or Specialized Equipment between the date hereof and the Closing.
EQUIPMENT REGISTRATION. The Contractor shall file the Form UCC-1, Uniform Commercial Code Financing Statement with the PA Department of State in order to register OVR’s interest in project-purchased equipment. The Contractor (Debtor, as identified in the UCC-1 filing), shall pay all filing fees required by the Commonwealth of PA and the Contractor shall furnish OVR with proof that OVR’s security interest has been registered in an effective and timely manner. Filing fees may not be paid with project funds. The Contractor will obtain copies of form UCC-1 Financing Statement from the PA Department of State. The UCC-1 Financing Statement and instructions are available online at xxxx://xxx.xxx.xxxxx.xx.xx/portal/xxxxxx.xx/community/corporations/12457/for ms/571880 through the PA Department of State voice mail system by calling (000) 000-0000. Information concerning filing fees is available online at xxxx://xxx.xxx.xxxxx.xx.xx/portal/xxxxxx.xx/community/corporations/12457/fee s payment/571873 or by telephone at (000) 000-0000.
EQUIPMENT REGISTRATION. In order to manage any manufacturer’s recall notices that may be issued, the Contractor will be responsible for providing the manufacturer with the final purchaser’s name and address – by vehicle identification number (VIN) or fleet identification number (FIN). If the purchaser is required to secure its VIN number from the manufacturer, the Contract Vendor will provide all of the necessary information and will ensure that the final required information has been submitted to the manufacturer.
EQUIPMENT REGISTRATION. The Company shall not renew the licenses or registrations of, or purchase new license plates for, any of the Tractors or Trailers or any new tractors or trailers on order for delivery between the date hereof and the Closing.
